Lucky Block Price Prediction: LBLOCKUSD May Breakup $0.002890 Resistance Level

Lucky Block Price Prediction- October 11
LBLOCKUSD has been in a downtrend for a while and is on the verge of reversal at the moment. An increase in the bulls’ pressure may break up the supply mark at $0.002890 and this may swing up the crypto price to $0.003000 and $0.003500 supply levels and beyond.

Levels:
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0001900, $0.0001800, $0.0001700
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
LBLOCKUSD indicates a downward trend with a bearish sentiment in its long-term perspective. The coin price can be seen below the two EMAs which are glued together. This is due to the high inflows from the sell traders.

Earlier today, the bulls’ action increases the price of Lucky Block up to a $0.0002098 high mark above the moving averages even as the 1-hourly session opened today. The sellers overridden this pattern and dropped the coin price to a low of $0.0002029 value.

The coin is now facing the new correction phase at the $0.0002037 supply mark. Thus, a break above $0.002890 would intensify the buying pressure on the crypto.

The momentum indicator also signaled up indicating an uptrend. Buyers are expected to continue with the trend and in this case, the price might possibly retest the $0.003000 resistance value soon in its long-term perspective.

LBLOCKUSD Short-term Trend: Bearish (15-Minutes Chart)
LBLOCKUSD pair is in a bearish market in its short-term outlook. The pair is currently below the level of $0.0002100.
The smooth ride to the $0.0002082 high mark shortly after the 15-minutes session begins indicates the high impact of the bulls in the market. The involvement of the bears however made the price trade at a $0.0002033 low level below the moving averages.

Hence, the current pullback at the $0.0002036 resistance mark suggests the return of the buyers to dominate the market.

Further, if additional selling power is prevented the price may likely hit the previous high of $0.003000.soon in its lower time frame.

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